Air T, Inc. (NASDAQ:AIRT) announced its third quarter fiscal 2026 results, reporting a decrease in revenues to $71.1 million, an operating loss of $3.8 million, and earnings per share of $(0.91). The company completed the acquisition of Rex Express Holdings Ltd (“Rex”), an Australian regional airline operator, in December 2025, which is expected to result in a bargain purchase gain. This acquisition significantly impacts the company’s financial results and expands its international aviation services portfolio.
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Air T, Inc. Reports Third Quarter Fiscal 2026 Results
Air T, Inc. (NASDAQ:AIRT) announced its third quarter fiscal 2026 results, reporting a decrease in revenues to $71.1 million, an operating loss of $3.8 million, and earnings per share of $(0.91). The company completed the acquisition of Rex Express Holdings Ltd (“Rex”), an Australian regional airline operator, in December 2025, which is expected to result in a bargain purchase gain. This acquisition significantly impacts the company’s financial results and expands its international aviation services portfolio.